Udaan’s Contribution to the Indian Economy
Udaan’s success contributes to the growth of the Indian economy in several ways:
- Empowering small businesses: Provides growth opportunities for small and medium businesses by facilitating wider market reach and efficient operations.
- Job creation: Contributes to job creation in various sectors, including logistics, warehousing, and customer service.
- Financial inclusion: Encourages the adoption of digital payments, promoting financial inclusion among small businesses and individuals.
- Boosting e-commerce: Strengthens India’s B2B e-commerce ecosystem, contributing to the overall growth of the digital economy.
B2B platform Udaan sees sale of 2.25 billion products in 2023
Udaan, a prominent player in India’s B2B e-commerce space, has witnessed phenomenal growth in 2023. The platform facilitated the sale of a staggering 2.25 billion products across the nation, solidifying its position as a key enabler for small businesses and Kirana stores. This achievement signifies a significant contribution to India’s B2B e-commerce landscape, which is projected to reach a value of USD 700 billion by 2023-end.
In Short
- Udaan, the online B2B platform, shipped over 2.25 billion products across India in 2023.
- 900 sellers on the platform achieved sales worth Rs 1 crore each.
- The platform saw a significant increase in the adoption of digital payment methods.